Crypto News Summaries
India's tax authorities uncovered millions in undisclosed crypto income, signaling a crackdown on digital asset tax evasion. However, industry leaders worry that high taxes are pushing traders offshore, hindering market growth.
Polygon (POL) is soaring with a 10.75% price surge, driven by renewed demand in spot and derivatives markets. But, profit-taking could threaten the rally; success in absorbing selling pressure could push POL to $0.255.
Ripple is acquiring Rail for $200 million to dominate the stablecoin B2B payments market and boost adoption of its RLUSD. The acquisition unlocks efficient enterprise solutions by integrating Ripple's network with Rail's real-time settlement tech.
XRP faces potential price drops as whale activity indicates increased selling pressure. Watch key support levels around $2.70–$2.80 to gauge if long-term bullish trends can withstand the distribution.
TRON (TRX) is primed for a breakout, fueled by surging network utility and strong buy activity. With key resistance levels in sight, TRX could soon reach new heights, targeting $0.371.
Bitcoin's volatility has plummeted to a two-year low, mirroring traditional finance markets. This stability, fueled by institutional investment, sets the stage for Bitcoin's next surge and infrastructure projects like Bitcoin Hyper.
Trump's executive order could revolutionize retirement savings by opening up the $12.5 trillion 401(k) market to alternative assets like crypto. This policy shift aims to broaden investment options for retail savers, but also raises questions about risk and regulation.
Ripple's XRP releases from escrow may be coming to an end, sparking community speculation. A mysterious pause in the usual monthly unlocks hints at a potential shift in Ripple's distribution strategy.
NFT games are changing the game, literally! Players now truly own and trade unique in-game assets, creating real-world value from virtual adventures in play-to-earn ecosystems.
The Tornado Cash co-founder's conviction sends shockwaves through DeFi, raising fears about developer liability. Critics argue the verdict sets a dangerous precedent, sparking calls for appeal and igniting fierce debate.
Parataxis Capital is going public, set to become a major player in the Bitcoin space with a potential $640 million infusion. The firm plans to aggressively expand its Bitcoin treasury and yield strategies globally, including a strategic entry into the South Korean market.
Satoshi Nakamoto's vandalized statue in Lugano needs your help! The Bitcoin community unites to restore the iconic artwork, urging support to rebuild and protect this symbol of digital currency history.
